As the world economy collapses, Singapore could face stark choices in forging ahead on trade and growth, while navigating US-China tensions, says Alex Capri.
Around 600 banks, most of them small community institutions, tapped the Federal Reserve's Paycheck Protection Program facility for about US$30 billion of loans as of May 6, the U.S. central bank reported on Saturday in its first detailed disclosure under the new program.
Around 600 banks, most of them small community institutions, tapped the Federal Reserve's Paycheck Protection Program facility for about US$30 billion of loans as of May 6, the U.S. central bank reported on Saturday in its first detailed disclosure under the new program.
Canadian Prime Minister Justin Trudeau said on Saturday that he would look at possible ways to help airlines further, but announced no new measures after the country’s biggest airline Air Canada said it would lay off most of its workers.
NEW DELHI: India will allow the involvement of private companies in its space exploration and satellite launch programmes, finance minister Nirmala Sitharaman told a press conference on Saturday. Both industries are currently predominantly operated by the government's Indian Space Research ...
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has purchased minority stakes in major U.S. companies including Boeing , Facebook and Citigroup , according to a U.S. regulatory filing.
U.K.-based multinational groceries chain Tesco PLC has found abuses against migrant workers at its stores and distribution centres in Malaysia and Thailand, it said in its annual modern slavery statement.
Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has purchased minority stakes in major U.S. companies including Boeing , Facebook and Citigroup , according to a U.S. regulatory filing.
China's foreign ministry said on Saturday the United States needed to stop the "unreasonable suppression" of Chinese companies like Huawei.
The US Federal Reserve warned Friday that the financial sector faces "significant" vulnerabilities due to the coronavirus pandemic, as businesses and households grapple with fragile finances for the foreseeable future.
